Question 1

What is the current NAV of Baroda BNP Paribas Innovation Fund Direct - Growth?

Accepted Answer

The current Net Asset Value (NAV) of the Baroda BNP Paribas Innovation Fund - Direct Growth plan is approximately ₹12.3654 as of Feb 02, 2026.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The Baroda BNP Paribas Innovation Fund Direct - Growth is a 1 yrs 11 m old fund and has delivered average annual returns of 11.62% since inception.

Baroda BNP Paribas Innovation Fund Direct - Growth Returns

1-Year	Since Inception
5.88%	11.62%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

The Baroda BNP Paribas Innovation Fund - Direct Growth has an expense ratio of 1.01%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

Question 4

What is the AUM or fund size of this mutual fund?

Accepted Answer

The Baroda BNP Paribas Innovation Fund currently has assets under management (AUM) or fund size valued at approximately 922 Cr as on Dec 31, 2025.

Question 5

What are the top stock holdings of Baroda BNP Paribas Innovation Fund?

Accepted Answer

The Baroda BNP Paribas Innovation Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Multi Commodity Exchange Of India Ltd.	4.5%
One97 Communications Ltd.	4.3%
Linde India Ltd.	3.73%
PB Fintech Ltd.	3.66%
Bharti Airtel Ltd.	3.61%
Eternal Ltd.	3.6%
Hitachi Energy India Ltd.	3.42%
Navin Fluorine International Ltd.	3.32%
TVS Motor Company Ltd.	3.12%
Computer Age Management Services Ltd.	2.77%

Question 6

What are the top sectors Baroda BNP Paribas Innovation Fund has invested in?

Accepted Answer

The Baroda BNP Paribas Innovation Fund has primarily invested in the following sectors

Company	Percentage of Portfolio
Multi Commodity Exchange Of India Ltd.	4.5%
One97 Communications Ltd.	4.3%
Linde India Ltd.	3.73%
PB Fintech Ltd.	3.66%
Bharti Airtel Ltd.	3.61%
Eternal Ltd.	3.6%
Hitachi Energy India Ltd.	3.42%
Navin Fluorine International Ltd.	3.32%
TVS Motor Company Ltd.	3.12%
Computer Age Management Services Ltd.	2.77%

Question 7

What is risk level of Baroda BNP Paribas Innovation Fund?

Accepted Answer

This is a Thematic fund comes with Very High risk.

Question 8

Is there any lock-in period in this mutual fund?

Accepted Answer

No, this fund does not have any lock-in period.

Question 9

How do I invest in Baroda BNP Paribas Innovation Fund Direct - Growth?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Baroda BNP Paribas Innovation Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Baroda BNP Paribas Innovation Fund is complete.

Question 10

How can I redeem my investments in Baroda BNP Paribas Innovation Fund?

Accepted Answer

Redeeming your investments in the Baroda BNP Paribas Innovation Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	1.01% as on Feb 02, 2026
Exit load	1.0% Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.!
AUM (Fund size)	₹922 Cr
Lock-in Period	Nil
Age	1 yrs 11 m since Feb 14, 2024
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Period	This fund	Category average
1 Month	-5.36%	-5.86%
3 Months	-5.02%	-6.31%
6 Months	-0.64%	-2.47%
1 Year	5.88%	4.55%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Baroda BNP Paribas Innovation Fund	-5.36%	-0.64%	5.88%	N.A.	N.A.	N.A.
ICICI Prudential Manufacturing Fund	-4.29%	0.56%	12.31%	25.11%	23.08%	14.14%
ICICI Prudential Exports and Services Fund	-4.74%	0.97%	9.13%	19.25%	17.99%	14.59%
Sundaram Services Fund	-5.94%	0.44%	9.19%	19.21%	19.1%	14.12%
UTI Transportation and Logistics Fund	-6.66%	6.64%	15.26%	24.57%	19.93%	15.06%
ICICI Prudential Commodities Fund	-1.54%	7.25%	23.21%	20.06%	26.31%	17.25%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Baroda BNP Paribas Innovation Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Manufacturing Fund	15.88	1.05	1.12	1.61
ICICI Prudential Exports and Services Fund	11.2	0.83	1.13	2.19
Sundaram Services Fund	12.28	0.88	1.03	1.69
UTI Transportation and Logistics Fund	15.99	0.9	1.07	1.39
ICICI Prudential Commodities Fund	14.62	0.95	0.94	1.44

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Baroda BNP Paribas Innovation Fund	N.A.	922 Cr	1 yrs 11 m	1.01%
ICICI Prudential Manufacturing Fund	N.A.	6,549 Cr	7 yrs 4 m	0.79%
ICICI Prudential Exports and Services Fund	N.A.	1,434 Cr	13 yrs 1 m	1.67%
Sundaram Services Fund	N.A.	4,809 Cr	7 yrs 5 m	0.68%
UTI Transportation and Logistics Fund	N.A.	4,084 Cr	13 yrs 1 m	0.83%
ICICI Prudential Commodities Fund	N.A.	3,409 Cr	6 yrs 4 m	1.0%

Baroda BNP Paribas Innovation Fund Direct - Growth

Historical NAV & returns

Baroda BNP Paribas Innovation Fund overview

Baroda BNP Paribas Innovation Fund Returns calculator

Trailing returns as on Feb 03, 2026

Asset allocationas on Dec 31, 2025

Peer comparison

Key risk & return ratios Compared to other funds in the category

About this fund

About Baroda BNP Paribas Innovation Fund

Fund managers

Investment objective

Baroda BNP Paribas Mutual Fund details

More funds from Baroda BNP Paribas Mutual Fund

Frequently asked questions

Baroda BNP Paribas Innovation Fund Direct - Growth Returns

ET Money rank

Fund AUM	922 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

No. of schemes	41 view all schemes
Total AUM	53,480 Cr as on Dec 31, 2025
Address	BNP Paribas House, 7th Floor, G-Block, Bandra Kurla Complex, Bandra Mumbai, 400051
Phone	022-33704000

Fund name	ETM Rank	AUM	1Y	5Y
Baroda BNP Paribas Midcap Fund	N.A.	2,313 Cr	10.02%	20.79%
Baroda BNP Paribas Multi Cap Fund	N.A.	3,142 Cr	2.12%	18.18%
Baroda BNP Paribas Large & Mid Cap Fund	N.A.	1,757 Cr	6.71%	18.01%
Baroda BNP Paribas ELSS Tax Saver Fund	N.A.	941 Cr	8.8%	14.79%
Baroda BNP Paribas India Consumption Fund	N.A.	1,546 Cr	-4.6%	14.76%
Baroda BNP Paribas Large Cap Fund	N.A.	2,702 Cr	7.14%	14.19%

Sector	Percentage of Portfolio
Services	36.089999999999996%
Financial	13.780000000000003%
Automobile	10.330000000000002%
Capital Goods	7.32%
Chemicals	7.05%
Healthcare	5.970000000000001%
Consumer Discretionary	4.3100000000000005%
Technology	4.05%
Communication	3.61%
Energy	2.51%